Democrats, stop playing politics with students' pocketbooks

12:59 AM,
Jul. 5, 2013

U.S. Rep. Marsha Blackburn

Written by

U.S. Rep. Marsha Blackburn

Due to the Senate's failure to act, the student loan interest rate doubled on July 1 from 3.4 to 6.8 percent: a terrifying prospect for students in this current economy racked with historic debt, historic tax increases and historic unemployment.

Between the pressure of scarce jobs and a student loan debt that surpasses credit-card debt, recent graduates have being burdened now more than ever. Folks back home in Tennessee struggling to pay off their student loan debt have been reaching out to me, pleading with me to prevent this interest rate hike.